The Taiwan Affairs Office of the State Council addressed growing discontent in Taiwan regarding the Democratic Progressive Party (DPP) administration's alleged squandering of the island's accumulated wealth to the United States.
At a regular press conference on December 10, a reporter raised concerns over recent remarks by the U.S. Secretary of Commerce, who stated that in U.S.-Taiwan tariff negotiations, Washington seeks over $300 billion in investments from Taiwan, along with assistance in training semiconductor workers. The ultimate goal is to relocate Taiwan’s entire semiconductor supply chain to the U.S.
Online critics in Taiwan have condemned the DPP authorities as "beyond redemption," with public opinion pointing out that, combined with Lai Ching-te’s pledged $40 billion in arms purchases, the wealth accumulated by three generations of Taiwanese could soon be depleted.
In response, spokesperson Chen Binhua stated that the Lai administration, in its pursuit of "relying on foreign forces to seek independence," has shown no restraint in kowtowing to the U.S. He criticized the DPP for "surrendering before negotiations even begin" and deceiving the public repeatedly. Chen further accused the authorities of willingly handing over Taiwan’s industrial advantages, including
Previously, TSM was forced to announce an additional $100 billion investment in the U.S., sparking panic among local industries and public outrage. If the proposed $300 billion investment materializes, Taiwan’s economy would face severe repercussions, further undermining its growth momentum and autonomy.
The Taiwan Affairs Office expressed serious concern over the situation and called on the Taiwanese public and influential figures to unite and take action against the Lai administration’s pro-U.S. concessions to safeguard their interests.
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